KARD

Kardigan, Inc.

Healthcare Pharmaceutical Preparations Market cap: $1.2B All insider activity → Quote and statistics → Sign in to watch KARD Sign in to set a price alert

AI summary Insiders and major funds purchase shares totaling $90 million in Kardigan's initial public offering

Insider Score Band below 60

Research score: 57
AI adjustment: -11

Research score, not a recommendation.

Total bought$90.0M3 Form 4 purchases

Distinct insiders3open-market buyers

Lead insiderCRANDELL KEITHDirector

Cluster window2026-06-22single day · active

Market data

Live quote and chart from Yahoo Finance, loaded through this server. Insider purchases are marked on the chart.

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partial data Price history is incomplete; missing inputs count as neutral in the score.

same price, one day All 3 purchases were at $16.00 on 2026-06-22. That pattern also occurs in IPO or conversion subscriptions, which are not open-market conviction buying.

Why this score

Research score: a weighted blend of the five factors, times the routine and offering discounts, minus the selling penalty.

Breadth number & diversity of participating insiders

37%

Seniority executive rank of buyers (CEO/CFO/Director)

56%

Commitment purchase size relative to company & holdings

49%

Context buying into stock weakness signals conviction

50%

Timing coordinated purchases within a tight window

100%

Routine-purchase discount × 1.00

Company-type / offering discount × 0.50

Net insider selling penalty − 0

Why are they buying?

AI · ipo_offering · catalyst credible · documented

Insiders and major stakeholders acquired shares directly at the initial public offering price of $16.00 as part of the company's debut on the Nasdaq Global Market.

Kardigan closed its upsized initial public offering of 28,750,000 shares at $16.00 per share, raising aggregate gross proceeds of $460 million to fund its clinical-stage cardiovascular drug pipeline.

Filing references and sources

Stock Price & Insider Purchase History

Daily close price with open-market insider purchases plotted over time

Loading price history…

Transactions

3 Form 4 trades · 3 insiders Sign in to download CSV

Purchases in this cluster, grouped by insider, largest first
Date	Insider	Role	Shares	Price	Value	Flags	Filing
2026-06-22	HRTG GPE, LLC history of HRTG GPE, LLC's purchases	10% owner	3,125,000	$16.00	$50.0M	offering	SEC filing for HRTG GPE, LLC (opens in a new tab)
2026-06-22	CRANDELL KEITH history of CRANDELL KEITH's purchases	Director	1,250,000	$16.00	$20.0M	offering	SEC filing for CRANDELL KEITH (opens in a new tab)
2026-06-22	BERNS PAUL L history of BERNS PAUL L's purchases	Director	1,250,000	$16.00	$20.0M	offering	SEC filing for BERNS PAUL L (opens in a new tab)
Total					$90.0M

What happened next

A run ends after a pause in the buying, so one company can have several. Returns are the stock's return minus its benchmark's (IWM for small companies, SPY otherwise), from the first open after the run became a cluster. Past results, not a forecast.

After this run became a cluster: 21 days -4.7%63 days -39.5%126 days –